Osisko Development Awards Project and Construction Management Services Contract for the Development of the Cariboo Gold Project

Core Viewpoint - Osisko Development Corp. has entered into a Project and Construction Management Services Agreement with JDS Energy & Mining Inc. for the development of the Cariboo Gold Project in British Columbia, indicating a strategic partnership aimed at enhancing project delivery and execution [1][2]. Company Overview - Osisko Development Corp. is focused on developing past-producing mining camps with district-scale potential, aiming to become an intermediate gold producer through its flagship Cariboo Gold Project, which is fully permitted and 100%-owned [3]. - The company also has a project pipeline that includes the Tintic Project in Utah, which has significant exploration potential and access to established infrastructure [3]. - Osisko Development emphasizes developing long-life mining assets in mining-friendly jurisdictions while maintaining disciplined capital allocation and development risk management [3]. JDS Energy & Mining Inc. Overview - JDS Energy & Mining Inc. is a mining services company based in Western Canada, founded in 2004, known for its skilled team and proven track record in delivering projects on budget and schedule [2]. - The company has experience in managing projects from concept through operations and reclamation, with past projects including the Minto Mine, Gahcho Kue Mine, and Silvertip Mine [2].